Porsche will cut about 9,000 jobs by 2035 as it restructures for EV competition | Ukraine news
Porsche secured an agreement with staff to deliver voluntary and natural attrition based reductions, while promising plant guarantees…
Porsche could double the scale of layoffs with another 4,000 jobs under threat
Porsche could cut up to 4,000 more jobs as part of a fresh cost-saving programme, according to a…
Volkswagen plans to cut 100,000 jobs, could close four German plants | Ukraine news
Leaked internal plans suggest Volkswagen may cut up to 100,000 jobs and restructure brands, raising alarm among unions…
Volkswagen agreed to sell Everllence to Bain Capital, securing €7.4bn cash | Ukraine news
The carve-out will reshape VW’s industrial portfolio and aims to unlock funds for core operations. Regulatory and worker…
Volkswagen Faces Investor Calls for Faster Restructuring
Volkswagen AG heads into its annual shareholder meeting facing growing pressure from investors to prove that its restructuring…
Volkswagen stays course on restructuring, targets 28,000 job cuts by 2030
Volkswagen is pressing ahead with sweeping workforce reductions and cost-cutting measures in Germany, with the company on track…